LayerZero seeks to advance blockchain interoperability, allowing developers to create more versatile and efficient applications. With the introduction of the ZRO token, LayerZero aims to further enhance its ecosystem, providing users with new opportunities for engagement and innovation.
The ZRO token will serve several key functions within the LayerZero platform. It will act as a governance token, allowing holders to influence the future development and direction of the protocol. ZRO will also be used as a utility token to facilitate transactions and interactions across different blockchain networks, enhancing the user experience and streamlining operations.
“We recognize the significance of LayerZero in the blockchain space, especially in fostering interoperability and advancing the capabilities of decentralized applications. Listing the ZRO token aligns with our mission to support pioneering projects that drive the adoption of blockchain technology,” said Henry Child, Head of Tokens at Bitfinex.
Deposits of ZRO are anticipated to open at approximately 4:00PM UTC on June 18th, 2024, subject to network conditions. Trading is expected to commence at approximately 12:00PM UTC on June 20th, 2024, contingent upon liquidity requirements being met. The ZRO token will be tradable against US Dollars (ZRO/USD) and Tether tokens (ZRO/USDt)
To obtain access to ZRO on Bitfinex, customers can visit https://www.bitfinex.com/.
*All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com.
About Bitfinex
Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.
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